Drugs drive rise in healthcare costs

By Anonymous
Publication: Medical Marketing and Media
Date: Sunday, April 1 2001

> A report by the Health Care Financing Administration (HCFA) states that a 17 percent increase in spending for prescription drugs is the driving force behind the rapid increase in healthcare costs.

Healthcare costs have risen to a record $1.2 trillion, with prescription drugs accounting

for nearly 10 percent, according to the HCFA report.

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